M&A Deal Summary

Becker Logistics Acquires Savage Logistics

On November 1, 2017, Becker Logistics acquired transportation company Savage Logistics from Savage Co s.

Acquisition Highlights
  • This is Becker Logistics’ 1st transaction in the Transportation sector.
  • This is Becker Logistics’ 1st transaction in the United States.
  • This is Becker Logistics’ 1st transaction in Georgia.

M&A Deal Summary
Date 2017-11-01
Target Savage Logistics
Sector Transportation
Buyer(s) Becker Logistics
Sellers(s) Savage Co s.
Deal Type Divestiture

Target

Savage Logistics

Duluth, Georgia, United States
Savage Logistics LLC is a provider of third-party logistics services in the United States and Canada, offering non-asset-based services in the areas of van, flat bed, over dimensional, reefer, warehousing, intermodal, LTL, and specialized transportation for various commodities, including agricultural equipment, recyclables, paper, flooring, trade shows, beer, wine, spirits, plastics, and food commodities. Savage Logistics serves shippers, Fortune 500 companies and small businesses.

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Buyer(S) 1

Buyer

Becker Logistics

Carol Stream, Illinois, United States
Category Company
Sector Transportation
DESCRIPTION

Becker Logistics LLC is a provider of non-asset-based, third-party logistics (3PL) space, specializing in supply chain solutions that create transformational success for manufacturers, suppliers and retailers. Becker Logistics is based in Carol Stream, Illinois.

DEAL STATS #
Overall 1 of 2
Sector (Transportation) 1 of 2
Type (Divestiture) 1 of 1
State (Georgia) 1 of 1
Country (United States) 1 of 2
Year (2017) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-03-28 Trek Freight Services

Lincolnwood, Illinois, United States

Trek Freight Services is a provider of third-party logistics services offering non-asset-based services in the areas of van, flat bed, reefer, intermodal, LTL, team service and expedited. Trek Freight Services was founded in 2001 and is based in Lincolnwood, Illinois.

Buy -

Seller(S) 1

SELLER

Savage Co s.

Midvale, Utah, United States
Category Company
Sector Transportation
DESCRIPTION

Savage Co's. is a provider of supply-chain solutions to customers in the production, manufacturing and distribution of energy resources and other essential commodities.

DEAL STATS #
Overall 1 of 4
Sector (Transportation) 1 of 2
Type (Divestiture) 1 of 4
State (Georgia) 1 of 1
Country (United States) 1 of 4
Year (2017) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-04-07 Settoon Towing - Liquid Bulk Assets

Pierre Part, Louisiana, United States

Settoon Towing LLC - Liquid Bulk Assets which includes 35 towboats and 63 liquid tank barges with a total capacity of nearly 2 million barrels.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-12-28 Progressive Barge Line

Westwego, Louisiana, United States

Progressive Barge Line, Inc. owns and operates 7 push boats ranging from 1570 to 2400 Horsepower and 12 barges with capacity ranging from 11,000 to 30,000 barrels. Progressive Barge Line, Inc. was founded in 1977 and is based in Westwego, Louisiana.

Buy -
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